Successful Pizzeria Restaurant

Not Disclosed, NJ
Middlesex County


Asking Price: Annual Revenue:
$99,000 $400,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Successful Pizzeria Restaurant Broker: Ron Cervelli

Quick Facts

Asking Price: $99,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 6
BBN Listing #: 52663909
Broker Reference #: PZZA742

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Business Overview:

Must sell due to owners’ illness for this Successful New York style pizzeria restaurant with a $8,500 weekly gross income and a consistent net yearly income to the owner operator. This twenty-five-year-old business has a wonderful and well-known reputation to its many customers. The business has 50% delivery and small percentage of catering. The business is known for its delicious, fresh Italian Cuisine, and they offer a great lunch, dinner and wonderful service. They have a great selection of Lunch and Dinner selections, daily specials and Free Delivery. The passion to provide delicious Italian Cuisine and Pizza has always been a driving force for this restaurant. This pizzeria / restaurant has six full & part time employees and the payroll is primarily based on a weekly basis, the staff is expected to remain post-closing, and the monthly payroll expense is estimated at approximately $7,200. The business transaction has an assignable commercial lease which expires 2020 plus additional options available, with a monthly rent of $2,666.67, cost per square foot is estimated at $27.16, and rent security of approximately $5,000. This is a dependable safe business opportunity.

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Property Features and Assets:

The facility which consist of approximately 2,000 square feet has a pleasant appearance, on a state highway with various other active and successful businesses and near to numerous highways. This restaurant business opportunity is in Northern / Central New Jersey, Middlesex County, which consists of highly populated communities with continued demand for this food service.

Market Competition and Expansion:

To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business can be further expanded by the new operator, presently has a limited marketing plan, no local advertising, poor web site and if improved can further develop the business yearly gross sales.

Reason for Selling:

The purpose of this business transaction is due to

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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